HTC has denied reports it is planning on exiting the smartphone business and has announced plans to launch new handsets in 2019.
Rumours on social media had suggested the Taiwanese mobile-maker would switch its focus solely to making its Vive virtual reality (VR) headsets.
The manufacturer instead says it plans to release a 5G phone, as well as devices featuring blockchain, AI and augmented reality tech.
HTC has struggled to gain traction in the face of stiff competition in recent years, despite having led the charge to develop Android phones a decade ago.
Its U12+ was released to mixed reviews in 2018 and word is that it will not continue the brand next year with a U13 model.
That said, it is plotting a U12 Life handset for launch in December, with more RAM and storage compared with the original versions.
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